The Energy Savings Opportunity Scheme (ESOS) is a mandatory energy assessment initiative for large organisations in the UK. To comply, eligible businesses must complete emissions audits and report at least 90% of their total energy usage to the Environment Agency every four years. ESOS is comprised of four stages with strict deadlines for submission, and failure to comply can result in fines of up to £90k. With the ESOS Phase 3 deadline (December 5th, 2023) quickly approaching, it’s essential that you prepare accordingly to avoid penalisation.
ESOS is an excellent auditing tool that allows operators to quickly identify ways to optimise efficiency, lower greenhouse gas (GHG) emissions, produce less waste, and significantly reduce gas and electricity bills.
Qualification criteria for ESOS:
You have more than 250 employees, OR
A turnover of more than £44.1m or an annual balance sheet of at least £37.9m (€43m), OR
You are an overseas organisation with over 250 employees in the UK and pay UK income tax.
What are the ESOS deadlines?
We understand how difficult it can be for businesses of all sizes to navigate the complexities of the energy sector, especially considering the introduction of so many new regulations and climate change initiatives.
Our team is committed to providing cost-effective energy efficiency and utility management solutions, enabling you to cut energy costs and reduce greenhouse gas emissions with comprehensive risk mitigation strategies. To learn more about how ESOS, SECR, and other climate change policies can affect your business, reach out to our team of energy procurement specialists today.
What are other useful tools to prove ESOS compliance and improve my green credentials?
Apply for voluntary ISO 50001 and ISO 14001 accreditation.
Ensure compliance with Streamlined Energy Carbon Reporting (SECR).
Obtain Display Energy Certificates (DECs) and Energy Performance (EPCs) for commercial and private properties.
Provide Renewable Energy Guarantees of Origin (REGO), Renewables Obligations (RO) certificates, Guarantees of Origin (GoOs), and Fuel Mix Disclosure (FMD) information.